Tag: Fundings & Exits
Pex buys Dubset to build YouTube ContentID for TikTok & more
Social networks are in for a rude copyright awakening. A new European Union law called Article 17 essentially eradicates safe harbor and requires that they’ve made their “best effort” to get licenses from rights holders for all content on their platform. If a user uploads a video with a popular…
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Arweave’s permaweb stops coronavirus censorship, raises $8M
The Chinese government has been removing criticism of its coronavirus response from apps like Weibo, the local equivalent of Twitter. But before it can, that content is being saved, decentralized, and highlighted thanks to Arweave’s permaweb. Today it’s announcing another $8.3 million in funding from Andreessen Horowitz, Union Square Ventures,…
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Inside the effort to turn startups into zebras, not unicorns
The priorities of venture capitalists don’t always align with those of startup founders and their workers. That’s why we’ve started to see more conversation and activity around cooperatives and the idea of Exiting to Community, spearheaded by Nathan Schneider, a professor of media studies at the University of Colorado, Boulder.…
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Mavenoid raises $8M Series A to apply AI to technical product support
Mavenoid, a startup founded in Stockholm that helps companies scale tech-focused product support via an AI-powered chatbot, has raised $8 million in Series A funding. The round is led by Mosaic Ventures, alongside Creandum and Point Nine Capital. The company says the new capital will be used to invest further…
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Co-living European startup Colonies raises $34 million
French startup Colonies has raised a $34 million funding round (€30 million). In addition to that, LBO France is committing to spend $168 million (€150 million) in real estate projects over the next couple of years. Those new buildings will eventually be managed by Colonies. Idinvest Partners, Global Founders Capital…
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Uber sold its food delivery business in India to Zomato for $206M
Uber sold its food delivery business in India to the local rival Zomato for $206 million, the American ride-hailing company disclosed in a regulatory filing in one of its key overseas markets. In January, Uber announced that it had sold the India business of Uber Eats to Zomato for a…
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